All Finance articles – Page 471
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NewsC&C to decouple Matthew Clark and Bibendum after rescue from Conviviality administration
C&C CEO Stephen Glancey also shook off rumours C&C planned to sell Bibendum PLB to focus on Matthew Clark
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NewsCity snapshot: Ocado signs US supply agreement with Kroger
Ocado shares have surged by almost 40% this morning after announcing it has signed a supply partnership with US grocery giant Kroger. Plus, Fever-Tree sees positive UK progress at the start of its financial year and appoints a new non-exec director, Mothercare announces restructuring plan and all the rest of the latest news from the City.
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NewsMedia Bites 17 May: Pubs, SSP Group, Co-op
Pub stocks tumbled as the Beast from the East hammered first-half results and added to a string of challenges.
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NewsGluten-free biscuit supplier Northumbrian Fine Foods bought by Biscuit International
Northumbrian Fine Foods, the UK’s leading gluten and milk-free biscuit manufacturer, has been purchased by French giant Biscuit International.
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NewsPayPoint and Link pilot new cash withdrawal service
The PayPoint terminal will act like an ATM, removing the requirement for an additional machine
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NewsDeliveroo to give all its employees share options
The longer staff are employed by the company, the more shares they will be able to accumulate
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NewsC&C Group profits slide on Irish market struggles
Magners owner C&C Group’s profits took a tumble last year thanks to competitive pressures, FX challenges and one-off costs in its Irish homeland.
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NewsMedia Bites 16 May: Discounters, Premier Foods, Deliveroo
Lidl and Aldi could be forced to reveal details of the inner workings of their growing empires as part of the investigation into Sainsbury’s merger with Asda.
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NewsPremier Foods moves forward debt targets after accelerating sales
Premier Foods has pushed forward its target for paying down its debts by a year, following better than expected growth in 2017-18.
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NewsThe Tofoo Co to scale up production with six-figure funding package
North Yorkshire tofu producer The Tofoo Co is to scale up its production and create 13 new jobs after securing a six-figure funding package.
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NewsOne in five Brits not using paid-for delivery subscriptions
According to Whistl 61.4% of 1,000 people surveyed were signed up to Amazon Prime
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NewsCity Snapshot: Premier Foods annual growth surges to 3.6%
Premier Foods heralded its “strongest annual performance in five years” after sales grew 3.6%, driven by double figure growth in international and non-branded sales. Plus, Patisserie Valerie, saw revenues climb 9.1% in its first half and all the rest of the latest news from the City.
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NewsMedia Bites 15 May: Countrywide, David Potts, Sainsbury's
The CMA’s decision to block Mole Valley Farmers’ acquisition of struggling agricultural stores chain Countrywide has seen the latter go bust.
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NewsCotswolds Distillery raises £2.2m from crowd for promotion, distribution and site investment
The Cotswolds Distillery is overfunding after smashing its £2m crowdfunding target to boost its advertising and promotion, increase its distribution network and pay for the building of a new visitor centre.
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NewsHim research shows c-stores are losing out in food-to-go
The percentage of convenience store shopping trips including the food-to-go mission has plummeted from 20% to 13%
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NewsBrits face post-Brexit surge in cost of cod, warns Rabobank
Free-trade deal with EU vital to avoid price rise and disruption to British seafood industry, its latest report said
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NewsLousada departs Matthew Clark & Bibendum after C&C buyout
Lousada was commercial director of the drinks wholesaler, which was bought by C&C last month after previous owner Conviviality went into administration.
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NewsDamp weather slashes retail footfall in April
Retail footfall in April plunged by 3.3% year-on-year as the wet start to the month hit shopper numbers across the country, leading to the worst two-month figures since the depth of the recession in 2009.
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NewsMedia Bites: Poundworld, Walmart, Amazon, Waitrose
The US private equity owner of Poundworld has put the chain up for sale as TPG has hired accountancy firm Deloitte to find a buyer by the end of the month.
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NewsSimano Foods rescued from administration
Simano hired administrators after suffering “unforeseen losses” on a number of major contracts over the past year…